This IRS video course discusses Section 501(c)(3) eligibility, the benefits of exemption, how to apply, and filing requirements while waiting for a determination letter. (Ensure that your organization is eligible for tax exemption before applying.)
Learn about:
- the life cycle of a typical organization exempt under Section 501(c)(3) of the Internal Revenue Code.
- benefits and responsibilities associated with Section 501(c)(3) status.
- basics of Section 501(c)(3) eligibility.
- how to determine whether your organization is a private foundation or public charity.
- how to apply for Section 501(c)(3) status at Pay.gov.
- your responsibilities while waiting for the IRS to review your application for Section 501(c)(3) status.